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The majority of vehicle buyers are older than 54

Green Car Congress

In this analysis, I compare the age composition of buyers of new light-duty vehicles (cars and light trucks) in 2007 and 2017. The main findings are as follows: Middle-aged persons purchased proportionally fewer vehicles in 2017 than in 2007 (down from 29% to 14% for those 35 to 44, and from 24% to 20% for those 45 to 54).

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EIA projects light-duty vehicle energy use to drop 12% by 2025

Green Car Congress

The US Energy Information Administration’s (EIA) Annual Energy Outlook 2017 (AEO2017) Reference case projects a decline in light-duty vehicle energy use between 2018 and 2040 as improvements in fuel economy more than offset increases in light-duty vehicle (LDV) miles. quadrillion Btu in 2017 to 14.2

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US households are holding on to their vehicles longer

Green Car Congress

The 2017 National Household Travel Survey (NHTS) reported that the average vehicle—including cars, trucks, and vans—has increased from 9.3 years in 2017, suggesting that many households have delayed the purchase of a new vehicle and continuing a trend of US households operating vehicles longer. years in 2017.

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DOE: Average annual gasoline taxes paid per vehicle, by state, 2019

Green Car Congress

According to the Federal Highway Administration, the average fuel economy for all light vehicles on the road today is 22.3 Based on average mpg and miles driven, a person owning a gasoline vehicle pays between $141 and $398 in fuel taxes each year, depending upon the state in which the fuel is purchased. cents in Alaska to 58.7

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ICCT calculates consumer benefits of increased efficiency in 2025-2030 light-duty vehicles in the US

Green Car Congress

A new report from the International Council on Clean Transportation (ICCT) estimates Consumer benefits of increased efficiency in 2025-2030 light-duty vehicles in the US. 4%, 5%, and 6% compounded annual reductions in CO2 targets for cars and light trucks for 2026–2030, compared against vehicles that meet the adopted 2025 targets.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4

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Mullen Automotive acquires controlling interest in EV truck maker Bollinger Motors

Green Car Congress

The purchase price is $148.2 Combining Bollinger’s vehicles with our existing class 1 and class 2 EV cargo van programs gives us the chance to dominate the entire class 1-6 commercial light and medium duty truck segments. In 2017, Bollinger built and debuted the B1 class 3 sport utility vehicle, the first of its kind.

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